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Monthly Archives: July 2008

RF Communications unveils new radios

Harris Corp.’s RF Communications division Thursday introduced its Unity line, a family of multiband software-defined radios that enables federal, state and local public safety agencies to communicate more effectively using a single radio, officials said.

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Ultralife reports 2Q increase; misses expectations

Ultralife Corp. reported increases in second-quarter sales and income Thursday, driven by its advanced communications systems business, but missed Street expectations.

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Unemployment applications soar to highest level since ‘03

The number of people filing claims for unemployment benefits jumped last week to the highest level in five years, reflecting a new government outreach effort to locate people eligible for benefits, AP reported. The Labor Department reported Thursday applications for ...

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Exxon profit of $11.68 billion sets record

Exxon Mobil Corp. reported second-quarter earnings of $11.68 billion Thursday, the biggest profit from operations ever by any U.S. corporation, but well short of Street expectations, AP reported. Revenue rose 40 percent to $138.1 billion.

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Ultralife reports 2Q increase; misses expectations

Ultralife Corp. reported increases in second-quarter sales and income Thursday, driven by its advanced communications systems business, but missed Street expectations. The company reported net income of $6.4 million, or 36 cents a share, compared with $1.3 million, or 8 ...

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Web site allows search of state payrolls

The Empire Center for New York State Policy on Thursday launched a Web site with information on how state and local tax dollars are spent. The Web site, www.seethroughny.net/, initially will offer searchable databases including the payroll for 263,000 state ...

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RF Communications unveils new radios

Harris Corp.’s RF Communications division Thursday introduced its Unity line, a family of multiband software-defined radios that enables federal, state and local public safety agencies to communicate more effectively using a single radio, officials said. The first product is the ...

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Gatehouse evicted from NYSE floor

Gatehouse Media Inc., the Perinton-based publisher of the Canandaigua Daily Messenger and several weekly newspapers and shoppers in the Rochester area, is no longer being traded on the floor of the New York Stock Exchange because its shares have dropped ...

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Home Properties announces dividend

Home Properties Inc. declared a regular dividend of 66 cents a share on the company’s common shares for the quarter ended June 30.

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Paterson orders agencies to reduce spending 7%

Gov. David Paterson on Wednesday ordered state agencies to reduce spending by $630 million, an additional 7 percent reduction from the 3.35 percent reduction in the enacted 2008-09 budget, to match a potential shortfall in the state’s general fund for ...

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City Council agendas posted on Web

Legislation to be considered at City Council meetings is now posted in advance on the city Web site, officials announced Wednesday.

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Lowe’s to add 2 new stores

In the course of the last week, Lowe’s Cos. Inc. has announced two new stores slated for Batavia and Hornell. The do-it-yourself retailer is investing $12 million in the Hornell operation and will hire approximately 120 workers there. The $18.5 ...

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Statewide consumer confidence improves

Overall confidence among upstate consumers improved slightly this month for the first time since November 2007, a monthly survey by the Siena Research Institute shows. Overall confidence in upstate—which includes both current and future confidence—increased to 50.4 this month from ...

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First Niagara breaks ground in Greece

Representatives of First Niagara Financial Group Inc. and Brighton commercial builder the DiMarco Group broke ground Wednesday on a First Niagara Bank branch to be relocated in Greece.

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